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we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. stick with the failed policies of the last four years for the next four years or get a brighter future. stagnation versus growth. dependency versus opportunity and upper mobility. that is the classic choice and clear difference that we are offering and what we hope people get out of this this debate is that choice. >> chris: it is interesting because for the last six months the romney campaign said this is a referendum on barack obama's record and now you are saying it is a choice. >> it is not a change in strategy. a phase of the campaign we now entered into. i think it is important. the president is trying to paper over his problems and has been trying to mislead and distort the record. it is a failed record. we think it was very important to point that out. look at unemployment. look at our poverty rates and the 23 million people struggling for work. now, at this phase of the campaign we think it is critical that people understand it doesn't have to be this
we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. stick with the failed policies of the last four years for the next four years or get a brighter future. stagnation versus growth. dependency versus opportunity and upper mobility. that is the classic choice and clear difference that we are offering and what we hope people get out of this this debate is that choice. >> chris: it is interesting because for the...
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up and down the economy. the question really is joe biden to normal folks, who do you trust going forward and who is going to get you out of this? you may make fun of him but he comes out as a fighter. ashley: maybe stick to take other people's speeches, referencing when he plagiarized the uk labor leader speech back in '87. >> i remember that, actually. a problem with him now, my question, talk about how hard-pressed the middle class is no he is right to say that, usually don't you hold the incumbent accountable for the economic woes we are facing? ashley: he blamed the previous president. >> to my point, if the middle class is hurting, i think you hold the incumbent accountable. i don't believe romney has proposed raising taxes on on the middle class, he is raising reckless tax cuts. that i would support. >> the answer, the argument really is who do you trust to make thebetter going forward? it seems the president is winning that argument. ashley: perhaps he has been very successful in business, could be a
up and down the economy. the question really is joe biden to normal folks, who do you trust going forward and who is going to get you out of this? you may make fun of him but he comes out as a fighter. ashley: maybe stick to take other people's speeches, referencing when he plagiarized the uk labor leader speech back in '87. >> i remember that, actually. a problem with him now, my question, talk about how hard-pressed the middle class is no he is right to say that, usually don't you hold...
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every free economy has good regulations. at the same time, regulation could become excessive. >> is it excessive now? >> in some places, yes. in some places, no, it can become out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd-frank was passed and it includes within it a number of provisions that, i think, has some unintenned itted consequences that are harmful to the economy. one is banks are too big to fail. that is the biggest kiss to new york banks i have ever seen. 122 community and small banks have closed since dodd-frank. there is one example. here's another. >> you want to repeal dodd-frank? >> repeal and replace it. we're not getting rid of all regulation. you have to have regulation. there are some parts of dodd-frank that make all the sense in the world. you need transparency, you need to have leverage limits for institutions. >> here is the specific -- >> excuse me. >> let's talk about the big o
every free economy has good regulations. at the same time, regulation could become excessive. >> is it excessive now? >> in some places, yes. in some places, no, it can become out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd-frank was passed and it includes within it a number of provisions that, i think, has some unintenned itted consequences that are harmful to...
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Oct 2, 2012
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there are a lot of people in the underground economy that would be brought above ground with amnesty program. i estimate a federal, state and local tax amnesty program would raise about $800 billion in 90 days. you can also sell some assets off. camped person -- camp pendleton is 500 square miles in california. why not sell it? >>neil: my point, when you say it is too big to handle, you are missing the point, you cannot cut $16 trillion debt but you can boom your way from it. we are losing sight and what bill clinton learned in 1993, 1994, if you present a plan that looks credible like you want to reverse the direction, sometimes that creates a boom in and of itself and inspires confidence in the market that has little confidence right now. i blame both parties, by the way. if you give them a guidepost and show you have now planted your plan, you will be off to the races. i hope and i want to see that tomorrow night. will i? >>guest: i don't know if you will or not. i have been waiting for romney to come hitting the growth agenda and low rate flat tax-and-spending reductions and the
there are a lot of people in the underground economy that would be brought above ground with amnesty program. i estimate a federal, state and local tax amnesty program would raise about $800 billion in 90 days. you can also sell some assets off. camped person -- camp pendleton is 500 square miles in california. why not sell it? >>neil: my point, when you say it is too big to handle, you are missing the point, you cannot cut $16 trillion debt but you can boom your way from it. we are...
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Sep 30, 2012
09/12
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and take the economy down for good. are they right? hi,
and take the economy down for good. are they right? hi,
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Sep 30, 2012
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it's going to break down the economy, but society. look at greece and spain. those rioting in the streets, throwing molotov cocktails are members of public unions. i fear if we don't solve the problem, that will happen here as well. >> jim, fair enough. we don't want to be greece, but at the same time we'll have to bail out the pensions. >> the bail-outs are coming. it's not just the public side. private second has unfunded pension plans on their side as well. baby boomers are hitting retirement. 40% of corporate pensions are underfunded, and basically all the states are underfunded. we'll see fights between public and private sector bail-outs. we'll see fights between union and nonunion bail-outs. they should treat everybody the same. one reason all these pension-- one reason -- are underfunded is federal reserve policy that's kept interest rates so ultralow that these pension funds can't get a return on their fixed income. >> okay. those are fair points. sally, i want to stay on the issue of public pensions, if you don't mind, because the public pensions cre
it's going to break down the economy, but society. look at greece and spain. those rioting in the streets, throwing molotov cocktails are members of public unions. i fear if we don't solve the problem, that will happen here as well. >> jim, fair enough. we don't want to be greece, but at the same time we'll have to bail out the pensions. >> the bail-outs are coming. it's not just the public side. private second has unfunded pension plans on their side as well. baby boomers are...
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it will have us effect on the american economy. if we don't insure stability than the entire picture darkens considerably 87 it is like the automatic pilot. >> absolutely not. we can see with the battle of sequestration dramatic cuts will occur that almost nobody republican are democrats don't want. that is not automatic. john: the "washington post" headline obama cuts defense down to the bone? there is talk. we have the inflation adjusted chart. obama false light the then flat to. how was that to the bone? anything beyond the three years is fantasy. what we talk about and then near-term procurement, personnel, trai ning at has a devastating effect look as defense contractors announce layoffs in the hundreds of thousands john: i ain't how the navy and the marines get 29 percent, the army 26% is about the same every year and nobody makes choices. >> if you'd been there is not a vigorous debate then go to the pentagon. i'd think obviously this has to be evaluated on the annual basis and look at priorities. with increasing uncertainti
it will have us effect on the american economy. if we don't insure stability than the entire picture darkens considerably 87 it is like the automatic pilot. >> absolutely not. we can see with the battle of sequestration dramatic cuts will occur that almost nobody republican are democrats don't want. that is not automatic. john: the "washington post" headline obama cuts defense down to the bone? there is talk. we have the inflation adjusted chart. obama false light the then flat...
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Sep 27, 2012
09/12
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economy is headed down. welcome, everyone, i am neil cavuto and fox on top of a number two back to issue one: jobs. not happening. paul ryan making his case on the stump that america has hit a big butch and it ain't pretty. the man republican operatives have reportedly been urging romney to get out and get blasting is here and talking. wrong man paul ryan joining me from memphis, tennessee. what do you make of the latest numbers congressman? you have talked about weakness in the economy, but prior to the data today, congressman, we been seeing a pickup of consumer sentiment and obviously we see markets all over the map but what did this signal? >>guest: we have seen slow growth. now we see it is slower. a downward revision from 1.7 to 1.3 percent is a big drop. the drop in durable goods is enormous. this is not what a real recovery looks like. as you mentioned from the fay of businesses and manufacturers, they see more clouds ahead. it is because of the president's failed policies. mitt romney and i are prep
economy is headed down. welcome, everyone, i am neil cavuto and fox on top of a number two back to issue one: jobs. not happening. paul ryan making his case on the stump that america has hit a big butch and it ain't pretty. the man republican operatives have reportedly been urging romney to get out and get blasting is here and talking. wrong man paul ryan joining me from memphis, tennessee. what do you make of the latest numbers congressman? you have talked about weakness in the economy, but...
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Sep 29, 2012
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the economy is still rough. neil: i think we have gotten used to this trend of lousy numbers. >> exactly, you are lowering the bar of expectation. i am so hopeful that we have two more unemployment report before the presidential election people will zero in on these and realize that the policies are not working. that the economy is trouble. >> at this point, we shouldn't be the country that celebrates media and. suddenly, i can return to the roots of america. show us how you do it. i am shocked that obama is polling better than mitt romney on the economy. neil: is that obama still? >> it is the phrase du jour. i want to hear him be loud about this. spending cuts and higher taxes, they say that this will drive us into a full recession if they don't resolve it. neil: bearer scaring everyone is a party, they are scaring everyone. >> they should be scared. >> the bottom line is that this is not the america that became the greatest country in the world. this is not the america that will continue to be the greatest co
the economy is still rough. neil: i think we have gotten used to this trend of lousy numbers. >> exactly, you are lowering the bar of expectation. i am so hopeful that we have two more unemployment report before the presidential election people will zero in on these and realize that the policies are not working. that the economy is trouble. >> at this point, we shouldn't be the country that celebrates media and. suddenly, i can return to the roots of america. show us how you do it....
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. >> president obama and the economy. how is he managed to avoid public retribution for not fixing the economy? >> it's not a normal thing. >> the extraordinary work of a clinton initiative. >> keep pushing the rocks up the hill. >> big ideas from the big names. dee pock chopra, things get lively at the global initiative. you want to make farming sexy, don't you? this is "piers morgan tonight." >>> mr. president, thank you very much for sparing the time to talk to me. you are in the eighth year now, of the clinton global initiative. i would imagine all the world leaders you managed to amass here, there are a few topics of concentrated attention. probably right at the top of the list would be this simmering tension between israel and iran. now, i interviewed president ahmadinejad last night and he was adamant that he has no plan to build a nuclear weapon, that he has purely peaceful intention. clearly, most people here don't believe him. what is the smart thing for america to do right now, given the ratcheting up of the rh
. >> president obama and the economy. how is he managed to avoid public retribution for not fixing the economy? >> it's not a normal thing. >> the extraordinary work of a clinton initiative. >> keep pushing the rocks up the hill. >> big ideas from the big names. dee pock chopra, things get lively at the global initiative. you want to make farming sexy, don't you? this is "piers morgan tonight." >>> mr. president, thank you very much for sparing...
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Oct 3, 2012
10/12
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we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >> this is deadly earnest. how they can justify, how they can justify raising taxes of the middle class that has been buried the last four years, how if lord's name can they justify that? >>neil: it is a gaffe that now is a romney ad campaign since the vice president started talking about the middle class getting buried, republicans have wasted barely a nano second capitalizing. the question tonight is
we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked...
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the first time since launching qe3, saying that fed needs to drive down borrowing costs because the economy is not growing fast enough to reduce high unemployment. surely there is a left in which employment can be created. >> there will belay offs at lockheed-martin in the beginning of the year, but they will not warn the employees of impeding li offs as it is legally retired to today, obama labor department told lockheed they do not need to abide by the law. telling lockheed it will cover potential legal costs if they incur any benpality, obama administration. clearly does not want those layoff notices delivered just days before the election. >> president obama downplaying expectations for wedneay's debate. saying he is an okay debater, according to a new washington post abc news poll, 55 percent of likely voters think that president will win this first debate, and 41% think that romney will win. joining me now, ed klein, author of "new york times" best seller "the amateur." great to see you, this is cute, the downplay, one of these, i can't think of another moment of modesty on the part o
the first time since launching qe3, saying that fed needs to drive down borrowing costs because the economy is not growing fast enough to reduce high unemployment. surely there is a left in which employment can be created. >> there will belay offs at lockheed-martin in the beginning of the year, but they will not warn the employees of impeding li offs as it is legally retired to today, obama labor department told lockheed they do not need to abide by the law. telling lockheed it will...
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>> jobs and the economy. our governor tries to bring business with jobs and employing people but constantly fighting the federal government of overregulation. that has got to stop. romney will make a difference not only in our state but then the country. gerri: it is a pleasure. i will be watching the debate tonight. pam bondi. stocks are higher today with the new jobs report but is it something to be happy about? up review -- a preview of friday's report next. gerri: the jobs market. the private sector hiring last month 160,000 jobs added. lower than the month before. here to break down is our harvard economist. jeffrey, this is a payroll processor the works of private businesses, what does it mean for the jobs report on friday? >> appms numbers are not always indicators it is a pretty good report by it is not great consistent over months with the new normal we grow slowly so the unemployment rate does not come down even though people employed is going up not much faster. gerri: they say small business hirin
>> jobs and the economy. our governor tries to bring business with jobs and employing people but constantly fighting the federal government of overregulation. that has got to stop. romney will make a difference not only in our state but then the country. gerri: it is a pleasure. i will be watching the debate tonight. pam bondi. stocks are higher today with the new jobs report but is it something to be happy about? up review -- a preview of friday's report next. gerri: the jobs market. the...
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the first is domestic matters and the economy. at this time tomorrow night, it will all be over left to the pun dants and the voters. >> home of the pioneers, the university of denver plays home to sparring contenders of the political kind. final touches were put on the debate today where in less than 24 hours, potential gaps and zingers could fly. president obama took a break and visited the hoover dam. mitt romney took time out for a buritto bowl. and romney may have gotten zinger help from an unlikely ally today. vice president joe biden campaigning in north carolina. >> how they can justify raising taxes in the middle class has been buried the last four years. how in lord's name can they justify it? >> reporter: republicans pounced. >> we agreed. we need to elect mitt romney the next president of the united states. >> reporter: in person absentee voting is already under way. early voeting going only in other states. both sides know tomorrow's debate could be the last one some voters see. >> i think it's an opportunity for gove
the first is domestic matters and the economy. at this time tomorrow night, it will all be over left to the pun dants and the voters. >> home of the pioneers, the university of denver plays home to sparring contenders of the political kind. final touches were put on the debate today where in less than 24 hours, potential gaps and zingers could fly. president obama took a break and visited the hoover dam. mitt romney took time out for a buritto bowl. and romney may have gotten zinger help...
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Sep 27, 2012
09/12
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looking at discover financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain about the biggest headwind facing the usa today. liz: can you imagine voting for this interview. wait until you listen come back here what he had to say. not just how we get rid of tax abductions, but all of them except two. but also which industries are mature enough that we should rip the rug out from underneath them and stop giving him all kinds of tax breaks. speaking very candidly with me. i first asked about different kinds of government strategies where government works best with this, here' here is what senator mccain had to say. >> you're picking winners and losers, and obvious in the case o
looking at discover financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain...
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Oct 4, 2012
10/12
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martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended consequences of dodd-frank. it's killing regional and small banks. martha: is today a new day for that man, mitt romney? that one of the big questions everybody is talking about. here with reaction from the romney cam is artur davis, the co-chair for president obama's 2008 campaign but he is now a supporter of governor romney. >> good morning. you are is a said a romney supporter now. you had one of the prominent speeches at the rnc this year. what did you think of how your man did last night? >> i think had the most decisive begin in deet bait any scd can
martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended...
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Oct 3, 2012
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a new private survey by adp showing the economy may be slowing. it's reported that businesses added fewer workers last month, 162,000 in september compared to 19,000 in august. that is well below what economists say is needed to rapidly britt unemployment rat bring the unemployment rate down. bill: hours away from the first presidential debate. with me now andrea saul, press secretary for the romney campaign, and ben louisian ben labolt. from the obama campaign. what does the campaign say about the speech of 2007, june of that year? >> i've got to tell you, mitt romney's allies in a desperate attempt to change the subject from a video in which mitt romney wrote off half of the american people, are circulating a video that was covered by the campaign press core at tha corp. and in it the president talks about what happens in inner city communities when people have given up hope. i don't -- bill: do you think this is prom no's fault? >> i certainly think that his allies thought that this would be helpful. i've got to tell you if the romney campaign
a new private survey by adp showing the economy may be slowing. it's reported that businesses added fewer workers last month, 162,000 in september compared to 19,000 in august. that is well below what economists say is needed to rapidly britt unemployment rat bring the unemployment rate down. bill: hours away from the first presidential debate. with me now andrea saul, press secretary for the romney campaign, and ben louisian ben labolt. from the obama campaign. what does the campaign say about...
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Oct 4, 2012
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i have to because at this rate the economy is not growing. we have a job number tomorrow that will probably be careful, yes, a fed is all in, but if you watch the futures as i do in the middle of the night to my wife's discretion i have to say futures bounce after this debate. >>neil: you are right. we noticed that and we noticed the foreign market reaction. but you know i don't brag but we were the only ones noticing that. do you think the markets, then, by and large the markets tend to favor republicans, not all the time, but, now, since they like bailouts and rescues, i don't know who is who anymore. but if it looks like it is more possible that romney could pull it out, what happens closer to election day? >>guest: the funny thing is, i would take one side of this obama argument which is, to me, as far as the markets go he is a known quantity. he has thrown everything possible that isant business -- that is antibusiness, health care, tax hikes, health care that no one wants, but the market going up. if romney gets in the market continues
i have to because at this rate the economy is not growing. we have a job number tomorrow that will probably be careful, yes, a fed is all in, but if you watch the futures as i do in the middle of the night to my wife's discretion i have to say futures bounce after this debate. >>neil: you are right. we noticed that and we noticed the foreign market reaction. but you know i don't brag but we were the only ones noticing that. do you think the markets, then, by and large the markets tend to...
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Sep 27, 2012
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economy. i think we could see pretty rapid rates of growth in next couple years if we get some of these problems solved which i think is coming. i think we'll see tax reform. i think we'll see entitlement reform in this country. you know what? give how bad this recovery has been so far, melissa, we're still five million jobs short where we were five years ago. melissa: yeah. >> you get the economy moving again that debt-to-gdp ratio falls. that is the good news of the story that is not reported. you have to grow the gdp, which is the numerous rate tore, i mean the denominator then you get the debt-to-gdp ratio fall. you need growth and spending cuts. melissa: you think the political will is out there to really riot at some point? >> i think washington, look i think the american people, the vast majority of us, are willing to make these decisions about, what are we going to do about the future of medicare and social security. the one thing we always americans have to grapple with, we don't talk
economy. i think we could see pretty rapid rates of growth in next couple years if we get some of these problems solved which i think is coming. i think we'll see tax reform. i think we'll see entitlement reform in this country. you know what? give how bad this recovery has been so far, melissa, we're still five million jobs short where we were five years ago. melissa: yeah. >> you get the economy moving again that debt-to-gdp ratio falls. that is the good news of the story that is not...
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Sep 26, 2012
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neil: when you hear president touting improving economy numbers, still weak as we know for this stage in a recovery, but they are better than they were, and president saying hey look i've been for pursuing coal and oil as much as green energy, someone is buying, that right? >> i hope not. because it is a absolute lie from the president. and anyone that supports him to say that he is eliminating low-cost electricity in america. it is a human issue to me because it is the lives and livelihoods of my employees he is destroying, people are not buying his lies. lies. >> how i is he stopping our industry from expanding and mining more coal, white house says we have more coal mining going on today than when the president took over. >> he is doing it two ways, in our permitting, we cannot get permits for regulations, they come out of the department of interior, department of labor. rules and regulations he is playing down we cannot get permission to mine the cole. and on the utilization end, causing electric utilities to stop burning cold. an-- coal, he substitutes his wind and solar power th
neil: when you hear president touting improving economy numbers, still weak as we know for this stage in a recovery, but they are better than they were, and president saying hey look i've been for pursuing coal and oil as much as green energy, someone is buying, that right? >> i hope not. because it is a absolute lie from the president. and anyone that supports him to say that he is eliminating low-cost electricity in america. it is a human issue to me because it is the lives and...
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he said overall for the economy savers will benefit by qe2, by qe3 because the economy overall will be better. he says he's not monetizing the debt. he says the fed will unwind all of this when it comes time, and he says he expects this type of monetary policy will be in place for a considerable amount of time after the economy strengthens. he also addressed a question posed to him by the fox business network asking whether or not the united states is currently in a recession. >> our unemployment rate of 8.1% currently is really about the same as it was in january. we're really not making progress, at least not this year. so our concern is not really a recession, our concern is growth will continue but at a pace that's insufficient to put people back to work. >> reporter: he says inflation rates have been on target, though the federal reserve continues to watch that, and that the fed has the tools to unwind and watch inflation. ashley? ashley: yeah, interesting session today with mr. bernanke in indianapolis. rich, thank you very much. let's go to adam shapiro in the studio. adam, we'r
he said overall for the economy savers will benefit by qe2, by qe3 because the economy overall will be better. he says he's not monetizing the debt. he says the fed will unwind all of this when it comes time, and he says he expects this type of monetary policy will be in place for a considerable amount of time after the economy strengthens. he also addressed a question posed to him by the fox business network asking whether or not the united states is currently in a recession. >> our...
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the economy there has turned around number one. and number two, i think you've got to say that romney is not resonating with middle class voters, they don't like his business background, don't like his policies. for whatever reason they're not thrilled with obama, it would be ridiculous to say that, but i think the middle class just doesn't like mitt romney. stuart: what would you advise mitt romney to do in the debates one week from now? >> not be super, super aggressive, but being dispassionate and explain in great detail why his prescription would help the economy. i think most people don't get it yet. they don't understand the romney prescription. he has time. i want to emphasize, the race is not over yet. plenty of money, two more unemployment reports to come three presidential debates. he has time, but he has to explain clearly why his plan is better. stuart: i've got one more thing i wish you could explain for me again. again in a poll in ohio out this morning, it gives president obama a 25 point lead amongst women. can you
the economy there has turned around number one. and number two, i think you've got to say that romney is not resonating with middle class voters, they don't like his business background, don't like his policies. for whatever reason they're not thrilled with obama, it would be ridiculous to say that, but i think the middle class just doesn't like mitt romney. stuart: what would you advise mitt romney to do in the debates one week from now? >> not be super, super aggressive, but being...
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what will you do to get the economy at of the ditch? reduce spending small business taxes 20 percent across the board and the keystone pipeline that is very specific within the first 100 days. lou: obama must think good thing it is from a and not reince priebus. >> the president needs to stop calling names and playing high-school student government and getting serious and how will the next four years me any better. >> we are seeing some battleground states in national polls in ohio is a significant lead and how concerned are you it could move that measure? >> you may have six tiers 70 million people watching. the debates matter is important for americans to focus not fighting for the future of the american -- republican party this president is not your daddy's democrats. bill clinton nor john kennedy but leftist in the white house that we have to defeat. lou: is the governor romney going to b.v. tea explainer in chief? obama's made a joke he was as clear and articulating the policies that have been followed clearer than anyone in the ad
what will you do to get the economy at of the ditch? reduce spending small business taxes 20 percent across the board and the keystone pipeline that is very specific within the first 100 days. lou: obama must think good thing it is from a and not reince priebus. >> the president needs to stop calling names and playing high-school student government and getting serious and how will the next four years me any better. >> we are seeing some battleground states in national polls in ohio...
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we can have a dynamic progrowth economy that fosters independence and opportunity verses a stagnant economy that fosters dependency. >> paul ryan is stomping in iowa today before flying to virginia tonight. the wisconsin congressman is set to debate vice president joe biden next thursday in kentucky. >>> president obama has announced plans to visit kern county the monument of cesar chavez will be in keen where he lived. the president says the national monument would preserve chavez's legacy of giving a voice to workers. this trip will include another fund-raiser. >>> a father and son credit a working smoke alarm for helping them escape their burning home. vallejo fire crews say it looks like the fire started in the garage of the large three-story home on el camino real. the first -- it's a story by first brow -- brought you live. it erupted around 3:00 as the father and son were inside sleeping. >> two occupants were inside. the device got their attention and then about able to get -- and they were able to get out unharmed. >> firefighters were putting out hot spots and called out extra cre
we can have a dynamic progrowth economy that fosters independence and opportunity verses a stagnant economy that fosters dependency. >> paul ryan is stomping in iowa today before flying to virginia tonight. the wisconsin congressman is set to debate vice president joe biden next thursday in kentucky. >>> president obama has announced plans to visit kern county the monument of cesar chavez will be in keen where he lived. the president says the national monument would preserve...
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. >> and his take on president obama and the economy. how has he managed to avoid public retribution for not fixing the economy better than he has done? >> because this is not a normal time. >> plus his extraordinary work with the clinton global initiative. >> we don't have to produce miracles. all we have to produce is progress. we just keep pushing these rocks up the hichlt ll. >> is the world ready for a clinton back in the office? >> i can run for president of ireland because of my irish heritage. >> this is "piers morgan tonight." good evening. the most powerful man and woman in the world are gathered in new york tonight at the u.n. and across town at the clinton global initiative. president obama spoke at cgi today. we'll get to that in a moment. he had tough talk on iran's nuclear program. >> let me be clear. america wants to resolve this through diplomacy and we believe that there is still time and space to do so. but that time is not unlimited. >> with just 42 days to go until the election, mitt romney blasted iran in his speech
. >> and his take on president obama and the economy. how has he managed to avoid public retribution for not fixing the economy better than he has done? >> because this is not a normal time. >> plus his extraordinary work with the clinton global initiative. >> we don't have to produce miracles. all we have to produce is progress. we just keep pushing these rocks up the hichlt ll. >> is the world ready for a clinton back in the office? >> i can run for...
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their economy will suffer a double little bit. they need crude-oil. people driving cars over there show the market coming of the way it did. those cracks blew out today. refinery fire in canada turned out to the storage tank. if you look at the cracks between the prices of crude oil versus gasoline that made a tremendous move today and there are other factors. may be a blip in that market but those cracks have been strong going forward so you will see strength in the product versus crude even if the crude comes -- will move out. cheryl: one other issue. talking about the election and november around the corner. do you find people sort of have true conversations about investment decisions at the end of the year? >> absolutely and people will be more concerned about that in october. the first of three presidential debates was the vice-presidential debate. people are disgusted with the lack of movement in washington concerning the fiscal cliff so part of the problem, the apathy in the market is people don't know where to go. very unclear and the light at
their economy will suffer a double little bit. they need crude-oil. people driving cars over there show the market coming of the way it did. those cracks blew out today. refinery fire in canada turned out to the storage tank. if you look at the cracks between the prices of crude oil versus gasoline that made a tremendous move today and there are other factors. may be a blip in that market but those cracks have been strong going forward so you will see strength in the product versus crude even...
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the economy, the whole system on twas vergef collapse thstocmarket was dow 6,000s. d ama made two decisions. one was to prop the thinup and keep it go alliance with other countries around the world and literally saved the fortunes but he made a second decision. there were progrves who t we sh more questions abo hget into th ple and president obama didn't gore because his advisers we worried if you push the system too hard, it might collap. d so here are folks whose founes were saved in significant part by the s polic are complaing because he you to. very strange. >> these guys got exactly wh th.need leadershiot criticism. until th scenario chans, i think the unit states is, quote, unquote, and i hate to use this word, in a malaise. >> what the hell is talking about? he's being criticized and president obama hasn't provided leadership. your thougs on this. of in that piece, she tes th 93 gains in the recovery of 210, % we009/20 to the top 1%. isn't that encragement enough? and what about encouragement to they couldt e a little buing up? itery weird to hav ri people f
the economy, the whole system on twas vergef collapse thstocmarket was dow 6,000s. d ama made two decisions. one was to prop the thinup and keep it go alliance with other countries around the world and literally saved the fortunes but he made a second decision. there were progrves who t we sh more questions abo hget into th ple and president obama didn't gore because his advisers we worried if you push the system too hard, it might collap. d so here are folks whose founes were saved in...
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ >> welcome back. we are taking a look at your top commodity movers. looking at rbob gasoline. reversing yesterday the big losses. crude almost completely erasing yesterdays losses. rbob up. crude oil prices also a big gainer. back above $90 a barrel. crude prices in the range of 91-$92 a barrel. gold also shining. about three quarters of a percent. we got some comments from mario draghi. they are going to do something, another bond buying program of some sort. that eased concerns over in europe. also, by the way, we had a weaker u.s. dollar, stronger euro scenario on that. it was a big winning day for commodities. yesterday was a big loser. we opted a lot of yesterday's big losses on the day. gold certainly shining. hovering around 1800 out. now we will go out to jeff flock. he is on the far. jeff. >> we b
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ >> welcome back. we are taking a look at your top commodity movers. looking at rbob gasoline. reversing yesterday the big losses. crude almost completely erasing yesterdays losses. rbob up. crude oil prices also a big gainer. back...
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what is your sense of the american economy? there are some signs that the economy is actually beginning to recover. housing is back. but yet the actual gdp numbers don't seem to move much. what do you think? >> there are some good sighs. housing has moved back a little bit. we've had a boon in energy. so -- and consumers have paid down a lot of debt. the bad side is there's an increasing government debt at the state and federal level. if you think back in 1982 this was a large outcry when the national debt passed 1 trillion. we're now adding 1 trillion per euro. soon the interest of the national debt could equal the whole amount in 1982 when you and i were here. i think it's a huge problem and a real problem. i'm hopeful that when the government forms that cob will address this problem. we've had such a polarized cob. that's part of the whole problem. the president can onto do so much. 've got to get congress in involved. the roadmap doesn't cut it down entirely. what i love about bain capital, we had republicans, democrats. re
what is your sense of the american economy? there are some signs that the economy is actually beginning to recover. housing is back. but yet the actual gdp numbers don't seem to move much. what do you think? >> there are some good sighs. housing has moved back a little bit. we've had a boon in energy. so -- and consumers have paid down a lot of debt. the bad side is there's an increasing government debt at the state and federal level. if you think back in 1982 this was a large outcry when...
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the attacks on the idea of roads in afghanistan, the big economy and afghanistan is heroin. her win, you can put on a motorcycle -- heroin, you can put on a motorcycle and take somewhere. i have a kid serving in afghanistan. i he a kid almost killed in iraq. i understand the cost of what we are doing. i want to do it in the right way. >> did you want an additional 45 seconds? >>here was nothing about the contract and in iraq that did that require a competitive luck. there was nothing about that contracting. they finally did begin to compete for these contracts. abramoff diaamming hand towels to dry up the cost -- they were model granting -- that was the contract. the famous halliburton contract that they completely took advantage of the american people on, this was a bill that would require competitive bidding and the congressman voted no. >> the next question goes to todd akin. >> the country cut the federal work force through attrition and freeze pay, close overseas military bases, cap spending at home, raise the gasoline tax, curtail the mortgage interest deduction, raise
the attacks on the idea of roads in afghanistan, the big economy and afghanistan is heroin. her win, you can put on a motorcycle -- heroin, you can put on a motorcycle and take somewhere. i have a kid serving in afghanistan. i he a kid almost killed in iraq. i understand the cost of what we are doing. i want to do it in the right way. >> did you want an additional 45 seconds? >>here was nothing about the contract and in iraq that did that require a competitive luck. there was...
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happened, it's gone the other way on the economy. he's been losing that argument. what do you think of that? was paul ryan with hindsight the wrong choice? >> hindsight is 20/20. we can look back on it and see all the reasons why it didn't work. you can see what they were trying to do, they were trying to tap into the tea party enthusiasm on the far right and if you could energize that base and get them excited, maybe that could be -- propel his candidacy forward. the other thing was they actually thought they could have some sort of big idea conversation, but the problem is that mitt romney does not want to have a big idea conversation, because he wants to run away from the specifics of big ideas and the one big idea that they are talking about, they're losing on which is in all of those swing states, they're losing this battle over who will better handle medicare. that's the problem. >> kristen soltis, that is undeniable undeniable. that has got to be laid at the floor of paul ryan. he was brought in specifically to win that argume
happened, it's gone the other way on the economy. he's been losing that argument. what do you think of that? was paul ryan with hindsight the wrong choice? >> hindsight is 20/20. we can look back on it and see all the reasons why it didn't work. you can see what they were trying to do, they were trying to tap into the tea party enthusiasm on the far right and if you could energize that base and get them excited, maybe that could be -- propel his candidacy forward. the other thing was they...
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that's not going to help us create jobs in our economy. that's not going to turn things around and it's not going to help household incomes rise. >> gretchen: okay. the guy on the other side of the fence who supports president obama, david axelrod, he says that your guy, romney's performance, was a performance. and that president obama will call him out next time. listen to this. >> will he change his approach for the next debate? there will be a rematch. will we see a more adepressive president? >> well, i know he's look very much forward to the debate on the 16th and i'll leave it to the theater critics to decide whether -- how his performance rates on that day. but i know this, he will come, he will make an honest argument with the american people about how he rebuilds the economy and middle class and hold governor romney to account for these big gaffes in the truth that we saw last night. >> gretchen: he didn't really answer the question about whether or not the president would be more aggressive. he went in a different interview to sa
that's not going to help us create jobs in our economy. that's not going to turn things around and it's not going to help household incomes rise. >> gretchen: okay. the guy on the other side of the fence who supports president obama, david axelrod, he says that your guy, romney's performance, was a performance. and that president obama will call him out next time. listen to this. >> will he change his approach for the next debate? there will be a rematch. will we see a more...
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the total cost to the economy $1.7 trillion. but guess what? it is $250,000 a year in additional tax cuts to those same 120,000 families and anybody that makes more than $1 million. ladies and gentlemen, all this has a cost. there is something called the tax policy center made up of experts. they did an analysis if they did all of these tax proposals. they point out that if romney ryan were elected, it would increase taxes by middle-class families by $2,000 a year. ladies and gentlemen, we have seen this movie before. we have seen this movie before. massive tax cuts for the very wealthy, letting wall street and big banks writing their own rules again. we know how it ended. it ended in a catastrophe for the middle class. ladies and gentlemen, i am telling you today, we will not go back to that. [cheers and applause] we can't go back to that policy. america can't afford to go back to that policy! ladies and gentlemen, the president and i have a different way forward. let me tell you what our plan is. in addition, we have created over five million
the total cost to the economy $1.7 trillion. but guess what? it is $250,000 a year in additional tax cuts to those same 120,000 families and anybody that makes more than $1 million. ladies and gentlemen, all this has a cost. there is something called the tax policy center made up of experts. they did an analysis if they did all of these tax proposals. they point out that if romney ryan were elected, it would increase taxes by middle-class families by $2,000 a year. ladies and gentlemen, we have...
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, you shouldn't raise taxes on anyone. >> now, when the president said that, the economy was growing at 2.3%, the latest quarter was revised downward to 1.3%. the president stuck to his guns in the debate last night, still calling for an increase in taxes on the better off. bret? >> bret: governor romney got into the weeds and he didn't have the chalk board. >> no, he was pretty smooth on this. he was ready. >> all right. thank you. al gore has an explanation for what happened in last night's debate and i promise you, you're probably not going to believe it. that's later. up next a much more serious conscience of the internal debate after the u.s. attack in libya it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, yoargeting stocks to trade. well, that's what trade architect's heat maps do.
, you shouldn't raise taxes on anyone. >> now, when the president said that, the economy was growing at 2.3%, the latest quarter was revised downward to 1.3%. the president stuck to his guns in the debate last night, still calling for an increase in taxes on the better off. bret? >> bret: governor romney got into the weeds and he didn't have the chalk board. >> no, he was pretty smooth on this. he was ready. >> all right. thank you. al gore has an explanation for what...
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this face-off will focus heavily on domestic policy and the economy. he called hoover dam breathtaking. the race is close with president obama leading romney by 3%. we have to get jobs again in this country. ohio senator robb portman vice- presidentvice president joe biden goofed up talking about taxes on the middle class. >> the middle class has been buried for the last four years. >> buried, we agree that means we need to stop digging by electing romney the next president of the united states. the republican ticket quick to adopt ryan's slogan. a suburban cop is in and the royal treatment in england and other european countries today they say he helped him win the ryder cup. we are in the car and i let him know don't worry about it i will get you there on time. pat roland's was the man behind the wheel and today he is being held a hero in europe. profiled on the bbc even in european news anchors credited with giving mcelroy to the final cut on the final day. he was staying here at the hotel in lumbar with all of the other players from team europe and
this face-off will focus heavily on domestic policy and the economy. he called hoover dam breathtaking. the race is close with president obama leading romney by 3%. we have to get jobs again in this country. ohio senator robb portman vice- presidentvice president joe biden goofed up talking about taxes on the middle class. >> the middle class has been buried for the last four years. >> buried, we agree that means we need to stop digging by electing romney the next president of the...
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the economy went from bad to worse in the second quarter. that is the take-away from the new gdp numbers. chief white house correspondent ed henry shows us how that impacts the obama campaign. >> with two new economic reports showing the recovery is slowing again, bad timing for president obama as he campaigned in military-friendly virginia beach and unveiled a new theme on the economy. >> every campaign season you hear a lot about "patriotism." you know what? it's time for new economic patriotism, rooted in the belief that growing our economy begins with a strong and thriving middle class. i won't pretend getting there is easy. >> today we learn that rebuilding will take even longer, after gross domestic product for the second quarter was revised down to an anemic 1.3%. orders on durable goods, items ranging from washington machines to aircrafts, plunged by 13 13.2%. the worst droop since the month the president was sworn in office. alan krueger, chairman of the council of economic advisors brushed it off saying the new data shows how bad t
the economy went from bad to worse in the second quarter. that is the take-away from the new gdp numbers. chief white house correspondent ed henry shows us how that impacts the obama campaign. >> with two new economic reports showing the recovery is slowing again, bad timing for president obama as he campaigned in military-friendly virginia beach and unveiled a new theme on the economy. >> every campaign season you hear a lot about "patriotism." you know what? it's time...